Thursday, June 08, 2017 9:55:42 AM
Just the Fax, Ma'am
http://www.pretzelcharts.com/
"Getting right to the charts, RUT still looks more bearish than bullish. If bulls could sustain a breakout, that would change, of course. The chart notes 1426, but the megaphone resistance line is probably more critical:"
"And SPX is in an inflection zone:"
"In conclusion, the dashed blue median line above, combined with the potential wave count, does present this as an inflection zone. If you're bearishly inclined, there is now a fairly clear zone to act against (2441ish). Trade safe."
http://www.pretzelcharts.com/
"Getting right to the charts, RUT still looks more bearish than bullish. If bulls could sustain a breakout, that would change, of course. The chart notes 1426, but the megaphone resistance line is probably more critical:"
"And SPX is in an inflection zone:"
"In conclusion, the dashed blue median line above, combined with the potential wave count, does present this as an inflection zone. If you're bearishly inclined, there is now a fairly clear zone to act against (2441ish). Trade safe."
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